Irs Wants Cut From Oil Payments

Agency says that under current laws BP's lost wage payments to oil spill victims are taxable. Oil spill - BP - Environment - Energy - Petroleum in the Environment

Topics:  oil    bp    environment    energy    petroleum   environment   bp   payments   spill   
BING NEWS:
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    The energy sector selloff has intensified after the Federal Reserve delivered a harsh reality check last week, dashing hopes for a deep cut in interest rates ...
    12/26/2024 - 9:00 am | View Link
  • Oil Loses Ground After Fed Tempers Rate-Cut Expectations
    Oil futures settle lower as the U.S. dollar adds to gains made following the Fed's signaling a more cautious approach to interest-rate cuts next year. "The Fed adjustment to the dot plot to two cuts ...
    12/19/2024 - 7:40 am | View Link
  • Oil prices trade lower after Fed's 'hawkish cut'
    Oil prices had been dragged lower with equities after Wednesday’s settlement as "traders reacted negatively to the Fed’s ‘hawkish cut’ and as such, it was natural for oil to participate" briefly in ...
    12/19/2024 - 3:14 am | View Link
  • Oil Slips as Fed Rate-Cut Outlook Fuels Demand Worries
    Oil prices were retreating from the previous trading session after the Federal Reserve signaled fewer interest-rate cuts next year, fueling demand concerns. Brent crude and WTI were both down 0.1% at ...
    12/18/2024 - 9:02 pm | View Link
  • Oil settles up after US crude stocks fall, Fed's 2025 outlook curbs gains
    Oil prices settled higher on Wednesday after U.S. crude inventories fell and the U.S. Federal Reserve cut interest rates as expected, but gains were capped as the Fed signalled it would slow the pace ...
    12/18/2024 - 7:13 am | View Link
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